Financials
- Fiscal year
- 2025
- Total assets
- €64,111
- Loss
- -€26,244
- Solvency
- -76.5%
Total assets▼ 41.5%
Net result
20232025
Boutique Estates
ActiveSummary
Boutique Estates has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€49,019) and a net result of -€26,244. Equity is shrinking by ~75% per year across the filed fiscal years. Its solvency ranks better than 10% of 1420 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Guest rooms (bed and breakfast)
NACE 55204
2 sites
How big
€64,111total assets 2025
- Equity
- -€49,019
- Loss
- -€26,244
Turnover not published (abridged schema)
Who decides
Accounts 32 d early0 of 6 deeds read
Why 53Capped at 59: negative equity- Negative equity -€49,019- Loss of €26,244, the second in a row (FY 2025)+ Size: total assets €64,111+ Liquidity: current ratio 0.43, cash €44,485Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 18% of its sector peers (NACE 55, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0-4
equity -76.5% of total assets
Liquidity
50+2
short-term debt 176.5% · cash 69.4%
Profitability
0-43
return on assets -40.9%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €64,111 lowers the probability for this profile
- Liquidity: current ratio 0.43, cash €44,485 lowers the probability
- Negative equity -€49,019 raises the probability
- Loss of €26,244, the second in a row (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.43 against 0.61 in 2024; short-term debt: 176.5% and cash: 69.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 55, micro). Better than this share of them on solvency 8%, liquidity 53%, profitability 5%, growth against the median 6%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€49,019
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
32 d early
2024
26 d early
2023
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 5 October (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close02-10-2026 today31-10-2026 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2023
- Next accounts
- by 31-10-2026
- 29-09-2025Annual accounts filed
- 05-10-2024Annual accounts filed
- 30-10-2023Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Guest rooms (bed and breakfast)NACE 55204
- Founded
- 06-07-2015
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
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